Illinois HJR0064 estimates state revenue for fiscal year 2027 based on projections from the Commission on Government Forecasting and Accountability.
Illinois HJR0064 provides an estimate of state revenue for fiscal year 2027, using projections from the Commission on Government Forecasting and Accountability. The estimate includes various revenue sources such as personal income tax, corporate income tax, sales tax, and others. The total estimated revenue for the fiscal year is $55,525 million, comprising $51,454 million from state sources and $4,072 million from federal sources. This resolution aims to align with the constitutional requirement that appropriations do not exceed the estimated available funds for the fiscal year.
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- Core Provisions
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- Impact
- Legal Framework
- Critical Issues
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